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Nov 28, 2012
11/12
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FBC
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the markets, the economy. pulitzer prize-winning journalist among our guests. journalist among our guests. we will be right back. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. who went. lou: on the morning of march over third 2009 troops stationed in a combat outpost located at the bottom of three steep mountains in afghanistan were attacked by 400 insurgents one. my next guest takes a look what happened and her rogue actions of our soldiers. an untold story of american power. >> is nice to see you in. lou: i want to believe, as a white house correspondt for the last thing peop
the markets, the economy. pulitzer prize-winning journalist among our guests. journalist among our guests. we will be right back. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a...
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Nov 21, 2012
11/12
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FBC
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it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component. >> as you correctly pointed out that europeans will not put pressure on egypt. he will get his money from the imf. the -- lou: wait a minute. let me interject. i truly believe that it is of fair statement to say, the united states will have its will with the imf and what it does in this instance. am i wrong? >> well, we will see in a couple of weeks. i think the real struggle here is between morrissey and his ideological instincts on the one hand and elements of the egyptian security structure, the military and the intelligence service on the other. despite his b
it is strangling in an economy that is simply not working. the united states and europe have the trump cards in this. is that an incorrect statement in your judgment? >> yes, because the imf still has already been signed. he has that credit line out there. i think what's going on in egypt is that there is a struggle between -- lou: actually, this deal was reached today. they have not been funded. lou: but the deal is done. acquiescence to judgment and reason. and necessary component....
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Nov 28, 2012
11/12
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FBC
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the markets, the economy. pulitzer prize-winning journalist among our guests. we will be right back. who went. lou: on the morning of march over third 2009 troops stationed in a combat outpost located at the bottom of three steep mountains in afghanistan were attacked by 400 insurgents one. my next guest takes a look what happened and her rogue actions of our soldiers. an untold story of american power. >> is nice to see you in. lou: i want to believe, as a white house correspondent for the last thing people five policy will be bringing a story from afghanistan. >> i was reporting from the comfort of the north lawn, the physis and the pentagon and a warehouse and it troops surged numbers. in new one and was about more of them while was reporting on. lou: your focus on this particular panel who, he targe of more than 225 individuals when. >> i work done for two and a half years in new will learn. it was a big project. every time i thought i was done, no, he need to talk to this guy. alternately and just said the stock because there will never be a time when
the markets, the economy. pulitzer prize-winning journalist among our guests. we will be right back. who went. lou: on the morning of march over third 2009 troops stationed in a combat outpost located at the bottom of three steep mountains in afghanistan were attacked by 400 insurgents one. my next guest takes a look what happened and her rogue actions of our soldiers. an untold story of american power. >> is nice to see you in. lou: i want to believe, as a white house correspondent for...
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Nov 29, 2012
11/12
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FOXNEWSW
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this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i understand it, i understand the broad principles, but i don't have the nuts and bolts of it. and i hear the president say he's ready, willing and excited to have bipartisanship, but i don't know what his plan is either. >> again, his budgets, four budgets, yet to propose a solution to save social security or medicare. can't even get democrats or house senators to vote for his plan. we haven't seen his plan. that's a real tragedy. the president, it's incumbent on him. he won, time for him to govern, show the american people his balanced plan. he talked about it all the time. we know where he wants to increase revenue. he
this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i...
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Nov 22, 2012
11/12
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FBC
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professionals who helped us achieve the highestverage star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ [ male
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. want to try to crack it? yeah, that's the way to do it! now we need a little bit mo... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud tpartner with health care professionals who understand the difference that quality time with our members...
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Nov 29, 2012
11/12
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CNNW
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that is how you get the economy to grow. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out and significant detail. there is not going to be a deal between now and december 31st and all americans they are all going to see their tax rates going up starting january 31st. how are you going to feel about that? >> the president came forward and said when you have slow growth, less than 2% now, why would raising taxes now be a good idea? it is still a bad idea and i think while i think there is room for a prom promise, i don't think one person gets to decide where the compromise is. he ran on this notion of raising taxes on the wealthiest americans. he is probably going to hold firm on that. we'll see what happens over the next four weeks. as long as we are spending money on robots, don't raise any taxes. thank you very much. >> less us know what you think. follow us on twitter. up next, another twist in the administration's attempt to explain what happened the night four ame
that is how you get the economy to grow. we'll have less economic growth. >> if all the republicans hold firm to that position you just spelled out and significant detail. there is not going to be a deal between now and december 31st and all americans they are all going to see their tax rates going up starting january 31st. how are you going to feel about that? >> the president came forward and said when you have slow growth, less than 2% now, why would raising taxes now be a good...
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Nov 22, 2012
11/12
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FBC
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. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. ♪ fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money yocan still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah lou: the chief economist of moody's capital markets will be with me in a moment, before we go to john lonski we look at tonight's money like, stocks closing at a two-week high before this thanksgiving day. the dow up 48 points, s&p
. >> and black friday starts tomorrow, will a robust holiday retail season give a sluggish economy a were needed boost? we'll talk with moody's chief economist, john lonski, next. 4g lte is the fastest. so, whicsupeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what...
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Nov 27, 2012
11/12
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FOXNEWSW
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we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person trying to get a job whose business does not expand because the taxes increase. people do get that. the president did run on a class warfare, class envy type of argument but he only got 40 percent of the vote in my state so my state rejected the message. >> the way it stands no with the proposals i have heard and senator john mccain could be right there could be a deal in the final hour, a way to avoid this mess, but most of the stuff i see are concessions on the part of republicans on revenue and not just avoiding a rate hike but they could feed on limiting deductions that could cost the rich more? >>guest: i a
we believe in stimulating the economy by leaving more money in the economy, more money in the states, more money in the private sector, and that is our philosophy. >>neil: you do not by a poll that says the majority of americans are for sticking it to the rip. >>guest: if you talk to people and you say, do you understand that your boss employs you, and your boss could be richer than you but if you tax your boss more it could be less jobs, that may not be your job but the person...
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Nov 29, 2012
11/12
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CNNW
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it will hurt small businesses, hurt our economy. it's why it's not the right approach. >> now, you can agree or disagree with that position. however, keeping them honest, house speaker john boehner and other top republicans trying to justify it in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. >> i don't think so because they also re-elected the house republicans. so whether people intended or not, we've got a divided government. >> the american people have also made clear there is no mandate for raising tax rates. >> keeping them honest, president obama campaigned and won on letting taxes go up for the top earners, so his victory throws a little cold water on that claim. democrats gained seats in the senate and the house and recent cnn/rnc polling shows more than 2 in 3 support tax hikes for the wealthy. u.s. a reality that republicans will grapple with fro
it will hurt small businesses, hurt our economy. it's why it's not the right approach. >> now, you can agree or disagree with that position. however, keeping them honest, house speaker john boehner and other top republicans trying to justify it in part by playing down the fact that president obama and democrats got a significant boost from voters. >> in politics, there is always a temptation among those who win office to think they have a mandate to do what they will. >> i...
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Nov 27, 2012
11/12
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this is the latest effort to help greece stabilize its ailing economy. however, austerity measures are also part of the bailout package. >>> more than 100,000 people packed cairo's tahrir square chanting against egypt's president who they say wants to become a dictator. [ chanting ] >> police are fighting back demonstrators with tear gas. so far at least one person is dead and almost 400 injured as a result of the violence. >>> forensic teams in the west bank city of ramallah have exhumed the body of yasser arafat. a big blue tarp surrounded his grave as workers drilled through layers of concrete to reach the tomb. a murder investigation began last summer after a swiss lab found high levels of a deadly radioactive substance on arafat's clothing. now investigators have taken samples from his remains to determine if he was in fact poisoned. >>> heavy rains are flooding the uk. take a look. people were forced from their homes as streets turned into rivers in wales and england. crews rescued one elderly man and at least 500 homes have been affected and 70,00
this is the latest effort to help greece stabilize its ailing economy. however, austerity measures are also part of the bailout package. >>> more than 100,000 people packed cairo's tahrir square chanting against egypt's president who they say wants to become a dictator. [ chanting ] >> police are fighting back demonstrators with tear gas. so far at least one person is dead and almost 400 injured as a result of the violence. >>> forensic teams in the west bank city of...
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Nov 21, 2012
11/12
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MSNBCW
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, what part do taxes play in this economy. and if i could just read you one line in this entire -- >> sure thing. >> there's not a conclusive evidence to substantiate a clear relationship between the 65-year steady reduction in top tax rates and economic growth. and it goes on to be much more specific than that. the republicans did not want the american people to see this because it blows holes in the ryan budget and their camp -- it blows holes in it. and what it does is basically bring us back to reality in a much more balanced approach to try to fix this by january 1st. is it all going to be fixed by january 1st? i don't think so. am i hopeful? well, we had a bipartisan meeting friday. democrats and republicans on the ways and means committee. the question is the leadership may be with us in trying to get this resolved, they have to look to their leadership, they have to look to mr. boehner to see if they would be willing to put this up, a balanced approach of cuts to future expenditures as well as increasing the rates for
, what part do taxes play in this economy. and if i could just read you one line in this entire -- >> sure thing. >> there's not a conclusive evidence to substantiate a clear relationship between the 65-year steady reduction in top tax rates and economic growth. and it goes on to be much more specific than that. the republicans did not want the american people to see this because it blows holes in the ryan budget and their camp -- it blows holes in it. and what it does is basically...
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Nov 22, 2012
11/12
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KCSMMHZ
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the indonesian economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs lambasting a 2011 law that will require salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014, but workers say those costs should remain the government's responsibility. similar prothave been recently held in other cities around the country as workers urge the government to protect them. >>> phuket is an idyllic location in southern thailand has plans to lure a segment of the muslims who make up nearly 25% of the world's population. we have more. >> reporter: eight million travellers a year head to phu t phuket. ♪ >> reporter: one of phuket's annual tourism events shows what the island has to offer guests. visiting is the secretary gener general. he threw his weight behind the plan. >> if we want to cater for all sorts of clients and tourists, we need to be sensitive to their demands. >> more restaurants in phuket serve halal which means perishable. this restaurant said diners can eat in confidence w
the indonesian economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs lambasting a 2011 law that will require salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014, but workers say those costs should remain the government's responsibility. similar prothave been recently held in other cities around the country as workers urge the government to protect them. >>> phuket is an...
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Nov 25, 2012
11/12
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KGO
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but at least, it gives us a chance to get beyond these underground economy to a legitimate economy. this is a region of the world that's resource rich. this is a huge opportunity for the united states to do business, to open up trade opportunities. china is very actively engaged in that region. now, they're actively engaged in a mercenary way, they pay whoever to get the minerals out. >> and it also creates the conditions for sustainable development what you're working on to grow crops that will help the people on the ground, but is that possible under these conditions right now? >> well, i tell you, we still have people, as you mentioned, we still have our farmers. the amazing thing about the congolese people is their degree of resilience. they're still dedicated and working hard. but naturally it's an impediment to growth. and i think that one of the dangers is that you solve this particular issue of this revolutionary group, it tends to happen in international communities, okay, that's dealt with, really the systemic issue is the security reform. we don't have to spend a lot of m
but at least, it gives us a chance to get beyond these underground economy to a legitimate economy. this is a region of the world that's resource rich. this is a huge opportunity for the united states to do business, to open up trade opportunities. china is very actively engaged in that region. now, they're actively engaged in a mercenary way, they pay whoever to get the minerals out. >> and it also creates the conditions for sustainable development what you're working on to grow crops...
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Nov 24, 2012
11/12
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FBC
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he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is this administration and what it has done. now, when you think this is? >> the attorney general has to do this. lou: can you really see eric holder doing that? saying that we will investigate ourselves? >> if he doesn't do an independent investigation, you have the very people who have floated the idea of prosecuting general petraeus, there are all kinds of things they might do to him. there is all kinds of pressure that can be brought about. lou: are you saying th
he wants to destroy the economy. no one in their right mind is going to allow that kind of increase to devastate the economy. lou: that's a good point. it's interesting that no one is talking about the fact that individual tax payment, 26% of the bush tax cuts over the past two years, the answer here is this. i just want to see everybody be happy. let me turn to benghazi. there is a palpable sense in washington dc right now. i don't believe the congress has the strength or the tools to actually...
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Nov 23, 2012
11/12
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KRCB
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. >>> indonesia is southeast asia's largest economy and it continues to grow. laborers are voicing demands for their own piece of the success. workers around the country are asking for higher pay to cope with the rising cost of living. our bureau in bangkok has the details. >> reporter: thousands of workers took to the streets of jakarta on thursday to demonstrate they oppose low wages and a plan to cover welfare costs. protesters gathered near the presidential palace and marched to the parliament building calling for an increase in the minimum wage. the indonesian economy grew by 6.5% last year, but with that growth comes a higher cost of living. demonstrators carried signs on the 2011 law requiring salary reductions to cover social security and health benefits. the law is expected to go into effect in 2014. but workers say those costs should remain the government's responsibility. similar protests have been recently held in other cities around the country as workers urge the government to protect them. one of the world's most famous traveled denations. now th
. >>> indonesia is southeast asia's largest economy and it continues to grow. laborers are voicing demands for their own piece of the success. workers around the country are asking for higher pay to cope with the rising cost of living. our bureau in bangkok has the details. >> reporter: thousands of workers took to the streets of jakarta on thursday to demonstrate they oppose low wages and a plan to cover welfare costs. protesters gathered near the presidential palace and marched...
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Nov 27, 2012
11/12
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FOXNEWSW
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it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for being responsibility. accountability is accountability. >> charges i'm not blaming the retailers per se. i'm saying personal responsibility. it's about the people's behavior. but i think retailers for their own protection need to send out more of a zero tolerance policy. can't blame it on a bad economy. >> sean: there's a cultural phenomenon that whatever the it thing is -- i mentioned over the years, cabbage cats, tickle me elmo, sneakers, whatever it is, people have to have it that second. >> right. >> sean: why? >> right. well, it's obviously part
it's not something you can blame on the economy. what you can say, though, is that if retailers are going to whip up all of this enthusiasm or decadence, that they should give a sense of no tolerance for any kind of this behavior. >> nina, i got to tell you, you're going down a dangerous path here, blaming the retailer. reminds me when nike comes out with a new sneaker and people on food stamps go there and leave their kids in a car, and all of a sudden urban league is blaming nike for...
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Nov 26, 2012
11/12
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FBC
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he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou: that is a good point and it is interesting, no one is talking about the fact that individual tax payments, taxpayer payments, internal revenue service, receipts from those taxpayers have risen 26% under the bush tax cuts, over the past two years which tells us that the answer here is growth. >> that's right. >> lou: i'm a simple fellow and i'd like to see everybody start talking to each other. let me turn to benghazi, because, the special prosecutor. there is a sense of hopelessness that is palpable in washington, d.c., right now. because, i don't believe the congress feels that it has the strength or the tools to actually penetrate the veil of denial and secrecy and opaqueness that is the administration, when it comes to what it has done. witness the last nine weeks. you are calling for a special prosecutor, and the fellow who has to do that work fo
he wants to destroy the economy? come on. who in their right mind will allow that kind of increase to devastate the economy. it will not be hostess going out of business. >> lou: that is a good point and it is interesting, no one is talking about the fact that individual tax payments, taxpayer payments, internal revenue service, receipts from those taxpayers have risen 26% under the bush tax cuts, over the past two years which tells us that the answer here is growth. >> that's...
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Nov 27, 2012
11/12
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FOXNEWSW
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economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign t
economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we...
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Nov 22, 2012
11/12
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KPIX
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israel says it will end air strikes and will ease border restrictions that have stifled gaza's economy for years. israeli troops that had been poised for a possible ground war pulled back this morning. in tel aviv, most israelis were also happy to hear the news. >> i would like to believe that not fighting will always do more good than fighting. but i'm very happy to hear that. >> reporter: egypt's new islamist government was the driving force behind the negotiations to end the conflict with diplomatic help from secretary of state hillary clinton. clinton spent two days shuttling between jerusalem, the west bank and cairo. >> people of this region deserve the chance to live free from fear and violence and today's agreement is a step in the right direction. >> reporter: clinton expects egypt to play a key role in maintaining peace. susan mcginnis, cbs news, washington. >>> the woman of who has taken a lot of heat in the aftermath of the benghazi attack is now defending herself. yeah. for weeks, u.n. ambassador susan rice has been attacked by senator john mccain for participating in what
israel says it will end air strikes and will ease border restrictions that have stifled gaza's economy for years. israeli troops that had been poised for a possible ground war pulled back this morning. in tel aviv, most israelis were also happy to hear the news. >> i would like to believe that not fighting will always do more good than fighting. but i'm very happy to hear that. >> reporter: egypt's new islamist government was the driving force behind the negotiations to end the...
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Nov 29, 2012
11/12
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FOXNEWSW
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well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >> it's a terrible position for the republicans to be in. their only negotiating coin right now. and to give in without doing something to figure out these entitlement program would be a disaster for the republican party. megyn: michael, thanks. coming up, a provocative column in the "wall street journal" on race in america. megyn: the teacher's union in buffalo, new york attracted national attention when we learned their contract benefits include coverage for taxpayer turned plastic surgeries. the issue came up again and trace gallagher picks up our stor
well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >>...
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Nov 28, 2012
11/12
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FOXNEWSW
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but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to while you are campaigning the last 3 months. have you known about this fiscal cliff for a year and-a-half. now the president's going out, friday, to do, as you say, campaigning. the press secretary says there will be a meeting between the leaders at the appropriate time. that seems like it's right now. >> it does. to me, what you are seeing with the president and the democrats, is sort of an attempt to run out the clock. i think they think they gain leverage if the pressure builds. you are hearing a lot of prominent democrats saying, we should go over the fiscal cliff and let the taxes go up, which would be a huge mis
but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to...
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep the next group of republicans from doing the same thing. we'll talk about those changes in a moment. first republicans have used the filibuster and really used it as well. it's normally a great tool for the minority to have a voice. it can slow down a discussion of a bill. it allows the minority to make changes before a vote. filibuster can also kill a bill, even if the majority of senators want to pass it. now over the last four years, the republicans have been using the filibuster as really a political weapon to cripple the senate and movement at all. here's a comparison. lyndon johnson served as senate majority leader for the
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep...
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and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two members whose birthdays are either today or tomorrow, rich, happy birthday to you, rich. that is tale today. and janet napolitano's birthday is tomorrow. guys, thank you. we want to get back to work. thank you, guys. could not be prouder of the job that susan rice has done. >>shepard: very rare for the president to take a question and actually answer it at the end of one of those. you heard him say in the past it would be a precedent to answer a question now because that would make people scream at me all the time with questions. he must have used this question as
and for those families and it would be bad for the world economy. it is very important to get that resolved and i am very open to a fair and balanced approach to reduce our deficit and provide the kind of certainty that businesses and consumers need so we can keep this recovery going. obviously, we will be spending some time talking about national security issues. i want to say thank you to this extraordinary cabinet for a job well done and i take this opportunity to publicly embarrass two...
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin used to control high blood sugar in adults and children with diabetes and is not recommended to treat diabetic ketoacidosis. do not use levemir® if you are allergic to any of its ingredients. the most common side effect is low blood sugar, which may cause symptoms such as sweating, shakiness, confusion, and headache. severe low blood sugar can be serious and life threatening. ask your healthcare provider about alcohol use, operating machinery, or driving. other possible side effects incl
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a...
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Nov 28, 2012
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did it did help the economy -- did it help the economy? it is hard to say. we had a good economy in the 2000's before the crisis. now we have a huge crisis. on balance, it probably did not help that much. host: can you calculate if jobs were created? guest: you really cannot. no one has done a long-term view. you could say over one or two years what is likely to happen, but over eight or 10 years, economists struggle to come up with a tax policy affects the trajectory of the company. host: what will happen in january of 2013 if the tax cuts are not extended? guest: there are the bush tax cuts, which are the biggest part of the fiscal cliff. host: let's focus on the income tax cuts. what happens to those? guest: they go away and most americans taxes go up. for the average household it would be about two thousand dollars more in taxes next year. for the upper income people it could be anywhere between $5,000.20000 dollars. -- $5,000 and $20,000. for lower-income, it could be a few hundred dollars. host: let's look to the existing tax brackets and what they are
did it did help the economy -- did it help the economy? it is hard to say. we had a good economy in the 2000's before the crisis. now we have a huge crisis. on balance, it probably did not help that much. host: can you calculate if jobs were created? guest: you really cannot. no one has done a long-term view. you could say over one or two years what is likely to happen, but over eight or 10 years, economists struggle to come up with a tax policy affects the trajectory of the company. host: what...
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he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to him and then just gave him a little bit of help finding his way. ♪ [ laughs ] [ applause ] i love you. i love you, too. >>> thanks for staying with "the ed show" tonight. the story goes to the heart of what we deserve. if we elect someone to the senate, we expect them to do what? get something done. unfortunately the republicans have been using the filibuster to block legislation. now the democrats want to change the rules to keep the next group of republicans from doing the same thing. we'll talk about those changes in a moment. first republicans have used the filibuster and really used it as well. it's norm
he's such a cancer to the economy. >> to call this an economy is an insult to recoveries. >> the numbers don't lie. we'll lay them out for you, tonight. [ emily jo ] derrell comes into starbucks with his wife, danielle, almost every weekend. derrell hasn't been able to visit his mom back east in a long time. [ shirley ] things are sometimes a little tight around the house. i wasn't able to go to the wedding. [ emily jo ] since derrell couldn't get home, we decided to bring home to...
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but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing that for the last three months. you've been about this fiscal cliff for a year and a half. now the president is going out to do, as you say, campaigning. the press secretary says there will be a meeting between leaders at the appropriate time. the appropriate time seems like pretty much right now. >> well, it is. what you're seeing by the president and democrats is an attempt to run out the clock. i think they think they gain leverage if the pressure builds toward the end of the year. frankly you're hearing a lot of prominent democrats saying we should go over the fiscal cliff and let taxes go up, which would be a
but if your number one priority is jobs and the economy, you don't grow the economy and create jobs by raising taxes on small businesses, the very people who create those jobs. >> greta: white house press secretary today jay carney when asked when the next meeting with congressional members would be, the answer was, quote, it would come at the appropriate time. >> nobody knows what that means. >> greta: that's my point. look, all of you have had a vacation, campaigning, doing...
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in fact, it would be bad for the world economy. and so i think it's very important that we get that resolved. and i am very open to a fair and balanced approach. >> the president met with middle class tax payers today, urging them to employ twitter hash tag my y2k, telling congress this is too important for them to screw it up. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. it's too important for washington to screw this up. >> and a new survey shows the president has the public on board in a new washington post poll, 60% support raising taxes on incomes over $250,000. a healthy majority. indeed, even some republicans appear to be under sway, by the force of reason. >> in my view, we all agree we're not going to raise taxes on people that make less than $250,000. we should just take them out of this discussion right now. continue to fight against any rate increases. try to continue to work honestly for a much bigger deal. >> oklah
in fact, it would be bad for the world economy. and so i think it's very important that we get that resolved. and i am very open to a fair and balanced approach. >> the president met with middle class tax payers today, urging them to employ twitter hash tag my y2k, telling congress this is too important for them to screw it up. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. it's...
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especially as the economy gets better. >> it's going to take more than grass roots. it's great they are organizing and talking about it, but president obama had an innate ability to raise big money. can the democrats duplicate that? i mean there's going to be somebody coming along and inspiring people to the next level to keep this thing going. can it have an effect in the midterms? >> there's a difference between what president obama was doing in the end, and these big donors coming together in what mitt romney called the darkrooms. what you've got to have here is some of this big money sitting it out for 2016. they have to be focused on 2014 and try to win back especially the house seats. that's where the real difference is going to come. if the president gets another honeymoon, it's going to be over by february. does he get a second? >> the finances of the country is very important. but demographically, immigration reform walks right into the democratic tent. this would be a big -- the right move, actually. politically the right move, but also important for the co
especially as the economy gets better. >> it's going to take more than grass roots. it's great they are organizing and talking about it, but president obama had an innate ability to raise big money. can the democrats duplicate that? i mean there's going to be somebody coming along and inspiring people to the next level to keep this thing going. can it have an effect in the midterms? >> there's a difference between what president obama was doing in the end, and these big donors...
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economy soared too. by the late 1960s economic growth had wiggled the percentage down near 40% of g.d.p. despite new wars on poverty and vietnam. again, debt had delivered us from evil and it seemed into prosperity. and then came the 1980s and the tax cuts of ronald reagan combined with greater defense spending leading to hugely higher annual deficits covered by borrowing. and thus again a swelling nationa debt. but with no wars at all. then under presidents george h.w. bush and bill clinton we took action. for a while, both parties agreed, says simon johnson. >> there was a bipartisan agreement to raise revenue and put something of a damper on spending. so that's an important moment in the bigger picture, of course, that was just a small hesitation on the part of a much larger national debt. >> reporter: because in the bigger picture, a president just can't accomplish very much if he's cutting spending and won't raise taxes. and so yet again, more borrowing. under presidents george w. bush and barack ob
economy soared too. by the late 1960s economic growth had wiggled the percentage down near 40% of g.d.p. despite new wars on poverty and vietnam. again, debt had delivered us from evil and it seemed into prosperity. and then came the 1980s and the tax cuts of ronald reagan combined with greater defense spending leading to hugely higher annual deficits covered by borrowing. and thus again a swelling nationa debt. but with no wars at all. then under presidents george h.w. bush and bill clinton we...
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i think it's bad for the economy, bad for job creation. ultimately by slowing down growth cuts revenue. i think the president need to come to the table with real entitlement reform. having said that, if we agree that taxes shouldn't go up on 98% of the people? shouldn't we take that now, set that aside, and i think we'll win the argument on the other areas. putting people at risk when we agree taxes shouldn't go up is something that we shouldn't do. >> speaker boehner said they need to stick to their position and freeze tax rates. i guess they believe that if you do what you are suggesting, you lose a lot of leverage at far as entitlement cuts and other spending cuts are concerned. how do you respond to that? >> i respect that but i don't agree with it. you don't use the american people as a hostage in a negotiating-type situation. i think at the end, this is the r rev ladies and gentlemen for the democrats not the republicans in this. my advice was given privately. i was asked what i thought. my position hasn't changed so i'm happy to tal
i think it's bad for the economy, bad for job creation. ultimately by slowing down growth cuts revenue. i think the president need to come to the table with real entitlement reform. having said that, if we agree that taxes shouldn't go up on 98% of the people? shouldn't we take that now, set that aside, and i think we'll win the argument on the other areas. putting people at risk when we agree taxes shouldn't go up is something that we shouldn't do. >> speaker boehner said they need to...
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our economy is consumer driven. the more consumers that more money, the better it is for small businesses like me. this puts $2,000 to $3,000 in the hands of regular, ordinary working people who will spend it. the lower taxes on the rich just sends more money outside of our community, outside of our country to make bankers in the cayman islands happy. i am happy to see the president ask regular legislators to contact their legislators. >> do you think the president is trying to make this thing happen? >> i really got the feeling that they understood the stakes here. while they really wanted to hear from us, what they heard from the dozen small business people in the room who represented about 150,000 in our various progressive small business organizations was don't raise taxes on the middle class, tax the rich more. there were even calls in that room for higher minimum wages. clearly, no one wants to cut out the safety net that working people are promised for their lives of diligence, using their brains and brawn to
our economy is consumer driven. the more consumers that more money, the better it is for small businesses like me. this puts $2,000 to $3,000 in the hands of regular, ordinary working people who will spend it. the lower taxes on the rich just sends more money outside of our community, outside of our country to make bankers in the cayman islands happy. i am happy to see the president ask regular legislators to contact their legislators. >> do you think the president is trying to make this...
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you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses and hurt our economy. >> joining me now from washington, d.c., the democratic senator from washington, patty murray, a member of the senate budget committee. it is great to have you on the program. >> well, thank you, alex. nice to chat with you. >> senator, let's talk about the fiscal cliff. increasingly we are referring to it as the fiscal curve, possibly among some folks in our circle, the fiscal mole hill. you have advocated going over the fiscal cliff as a way for both democrats and republicans to make a deal and i will call to mind -- i will call to everyone's attention comments you made at the brookings institution this summer when you said if the bush tax cuts expire every proposal will be a tax cut proposal and the norquist pledge will no longer keep republicans boxed in and unable to compromise. which would seem to be good news for republicans. what do you make of john boehner's statement saying bad idea? >> well, first of all, i respect represe
you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses and hurt our economy. >> joining me now from washington, d.c., the democratic senator from washington, patty murray, a member of the senate budget committee. it is great to have you on the program. >> well, thank you, alex. nice to chat with you. >> senator, let's talk about the fiscal cliff. increasingly we are referring to it as the fiscal curve, possibly among...
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we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. meet the 5-passenger ford c-max hybrid. by december 22nd when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. ♪ ♪ >> brian: thanks to greg gutfeld for the lights on his book tour. he didn't want two it. came out great. meeting that white house hoped would s
we have to do what will allow them to grow the economy. to hire more people. >> eric: online for this -- >> brian: leave it there. >> eric: coming up. >> eric: face to face with the critic over the bungling of benghazi. we'll tell you what went down on capitol hill. it wasn't pretty. that is next on "the five." ♪ i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male...
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i have no economy. the only way to change that dynamic, in my urban neighborhood, is to have a more educated population. you have got these city leaders who realize their economy is eroding with every kid who dropped out. if he allowed the same to go in place, does anyone believe it wouldn't affect the dropout rate? >> you talk about foreign competition in china and india getting ahead of us. is the model we have in place for teaching our kids that was built in the industrial age sufficient for the information age? >> that is a softball question. [laughter] >> realisticalno. when we built as education system, summers were also taken work on farms. that is why we have the schedule. when we put that system in place, there were no cars, planes, were electric lights. computers, on and on. we have anline is over allegiance to the system based on the stock to a. my mother went to the school. my grandmother went to the school. you cannot close the school. 95% students were failing and parents were still fighti
i have no economy. the only way to change that dynamic, in my urban neighborhood, is to have a more educated population. you have got these city leaders who realize their economy is eroding with every kid who dropped out. if he allowed the same to go in place, does anyone believe it wouldn't affect the dropout rate? >> you talk about foreign competition in china and india getting ahead of us. is the model we have in place for teaching our kids that was built in the industrial age...
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it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we believe in, simply because we accept that part of his offer doesn't mean we have to agree with the rest. but what i think a lot of people forget is, look, these tax rates are going up automatically unless congress acts. i favor acting to save as many of them as possible. >> makes sense. here's today, the speaker of the house john boehner signaled you out for your remarks on the compromise. let's listen to what you he said about you, sir. >> i told tom earlier in our conference meeting that i disagreed with him. you're not going to grow the economy if you rais
it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we...
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economy will plunge back into recession. this sounds plausible to many people because it's roughly speaking what happened to greece but we're not greece. he's saying while this is a real dynamic for some countries, it is not because of the way we fund ourselves, is that right, ben? >> that's right. i would say morning munnize not actually by given name. >> i didn't know that. >> he's right, we're not greece, we're a much larger economy. we can grow our way out of debts and deficits. we've got a ginormous economy. we had a huge black friday weekend. probably $600 billion for the total shopping over the holidays. the question is, as we get close and getting into december, if it looks like talks are breaking down and we have the same old lines on no tax increases for the wealthy versus no spending cuts at all on the left on social security or medicare, then you get people getting nervous. the markets get service, the markets sell off, we have a problem. if we go into january and there's the basic broad outlines of a deal that w
economy will plunge back into recession. this sounds plausible to many people because it's roughly speaking what happened to greece but we're not greece. he's saying while this is a real dynamic for some countries, it is not because of the way we fund ourselves, is that right, ben? >> that's right. i would say morning munnize not actually by given name. >> i didn't know that. >> he's right, we're not greece, we're a much larger economy. we can grow our way out of debts and...
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probably not the best thing for the economy but if you look at the workers they have valid complaints against walmart. i'm not a big fan of walmart in the way they have treated their employees. i really don't understand how the national labor relations board have a right to tell people they can't picket. you as a libertarian would be offended by that. >> i don't think governments should have anything to do with unions and vice versa? >> they have retaliation of people that have brought up issues having regular work schedules. >> how many people are being forced to work at walmart? i've had a job before and i've been fired. you don't have to work somewhere if you don't like it? >> they are allowed to protest. it's like a hospital. somebody can't buy their snuggie. >> people want to quit if they don't like it. not about walmar. this is about the labor unions trying to tap in, the democratic party trying to tap in one of the great untapped sources of wealth which is walmart employees? >> absolutely. remember. walmart has been a target of the left for so many years right now. they have ha
probably not the best thing for the economy but if you look at the workers they have valid complaints against walmart. i'm not a big fan of walmart in the way they have treated their employees. i really don't understand how the national labor relations board have a right to tell people they can't picket. you as a libertarian would be offended by that. >> i don't think governments should have anything to do with unions and vice versa? >> they have retaliation of people that have...
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and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are nolts the way to get things done here in washington. majority leader and i just had a meeting with the treasury secretary. it was frank and it was direct. i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president really is willing to do. i remain hopeful that productive conversations can be had in the days ahead. but the white house has to get serious. yesterday our leadership t
and now to john boehner. >> -- sending the economy over the fiscal cliff. two weeks ago we had a very productive conversation at the white house. based on where we stand today, i would say two things. first, despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. this is not a game. jobs are on...